HB 0381 2003
1	A bill to be entitled
2	An act relating to public funds; amending s. 215.85, F.S.;
3	authorizing local governments to pay certain expenses by
4	means of electronic funds transfer; providing an effective
5	date.
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7	Be It Enacted by the Legislature of the State of Florida:
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9	Section 1. Subsection (5) of section 215.85, Florida
10	Statutes, is amended to read:
11	215.85 Direct deposit of public funds.--
12	(5) PROCEDURES FOR WIRE TRANSFER OF
13	FUNDS.--Notwithstanding any other provision of law, the
14	governing board or officer of any local government who has the
15	authority to deposit or withdraw funds is authorized to transfer
16	funds from one depository to another or within a depository or
17	to another institution, and may transfer funds wherein the
18	transfer does not represent an expenditure, advance, or
19	reduction of cash assets, except that a local government may
20	electronically transfer funds to pay expenses evidenced by a
21	valid invoice. Such transfer may be made by electronic,
22	telephonic, or other medium; and each transfer shall be
23	confirmed in writing and signed by the designee of the governing
24	board or officer of the local government.
25	Section 2. This act shall take effect July 1, 2003.
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